Ukraine, Syria and Iran

Neil Carmichael Excerpts

Monday 24th February 2014 Commons Chamber

[Mr Deputy Speaker (Mr Lindsay Hoyle)]

Last but certainly not least, I call Neil Carmichael.

[Neil Carmichael (Stroud) (Con)]

Thank you very much, Mr Deputy Speaker. It is a great pleasure to be here for the final question.

It is absolutely right that the issue of political and constitutional reform is a priority, and that the integrity of Ukraine remains an objective. However, does the Foreign Secretary agree that any economic support through the IMF should also be supported, in effect, by development of international trade through and with Ukraine in order to embed political reform and to avoid any binary choice, which he correctly notes is a threat?

[Mr Hague]

We must strongly encourage international trade for Ukraine, which currently has a current account deficit of more than 9% of GDP. The absence of sufficient exports is part of its very serious economic problem. We will tell it very clearly that one of the things that can be achieved if the right economic programme is implemented and political stability and unity is achieved is, of course, a serious improvement in that position.